MKL
Markel Corporation · Financial Services · Insurance - Property & Casualty
Momentum inputs (comparable managers):
holder breadth -13.3% ·
share flow -2.7% ·
net new positions -15.4%
— formula
Broad distribution — falling shares and fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q3 2024
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 152 | +1 | 5.43M | $10.61B | +9 | −7 |
| Q1 2026 | 153 | +1 | 5.37M | $10.28B | +4 | −4 |
| Q4 2025 | 151 | +3 | 6.19M | $13.30B | +4 | — |
| Q3 2025 | 18 | -2 | 3.38M | $6.46B | — | −3 |
| Q2 2025 | 18 | +2 | 2.99M | $5.97B | +2 | — |
| Q1 2025 | 13 | 0 | 1.11M | $2.07B | — | — |
| Q4 2024 | 13 | -1 | 1.13M | $1.95B | — | −1 |
| Q3 2024 | 13 | -2 | 942.04K | $1.48B | +1 | −3 |
| Q2 2024 | 15 | — | 968.40K | $1.53B | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Baillie Gifford ✦ | 259.12K | -3.6% | $406.44M | 0.3% | ▼ Trim | 2 | SEC ↗ |
| 2 | Baillie Gifford ✦ | 259.12K | -3.6% | $406.44M | 0.3% | ▼ Trim | 2 | SEC ↗ |
| 3 | Baillie Gifford ✦ | 259.12K | -3.6% | $406.44M | 0.3% | ▼ Trim | 2 | SEC ↗ |
| 4 | Baillie Gifford ✦ | 259.12K | -3.6% | $406.44M | 0.3% | ▼ Trim | 2 | SEC ↗ |
| 5 | Geode Capital Management ✦ (passive) | 209.05K | +5.2% | $327.13M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 6 | Geode Capital Management ✦ (passive) | 209.05K | +5.2% | $327.13M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 7 | Wellington Management ✦ | 199.67K | -14.9% | $313.20M | 0.1% | ▼ Trim | 2 | SEC ↗ |
| 8 | Wellington Management ✦ | 199.67K | -14.9% | $313.20M | 0.1% | ▼ Trim | 2 | SEC ↗ |
| 9 | Wellington Management ✦ | 199.67K | -14.9% | $313.20M | 0.1% | ▼ Trim | 2 | SEC ↗ |
| 10 | Wellington Management ✦ | 199.67K | -14.9% | $313.20M | 0.1% | ▼ Trim | 2 | SEC ↗ |
| 11 | Norges Bank ✦ (passive) | 148.03K | -1.4% | $232.20M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 12 | AQR Capital Management ✦ | 30.98K | +3.9% | $48.15M | 0.1% | ▲ Add | 2 | SEC ↗ |
| 13 | AQR Capital Management ✦ | 30.98K | +3.9% | $48.15M | 0.1% | ▲ Add | 2 | SEC ↗ |
| 14 | AQR Capital Management ✦ | 30.98K | +3.9% | $48.15M | 0.1% | ▲ Add | 2 | SEC ↗ |
| 15 | AQR Capital Management ✦ | 30.98K | +3.9% | $48.15M | 0.1% | ▲ Add | 2 | SEC ↗ |
| 16 | Citadel Advisors ✦ | 28.59K | +209.8% | $44.84M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 17 | Citadel Advisors ✦ | 28.59K | +209.8% | $44.84M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 18 | D. E. Shaw & Co. ✦ | 21.58K | -3.4% | $33.84M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 19 | Marshall Wace ✦ | 18.66K | +88.6% | $29.28M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 20 | Marshall Wace ✦ | 18.66K | +88.6% | $29.28M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 21 | Renaissance Technologies ✦ | 15.22K | -14.4% | $23.88M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 22 | T. Rowe Price ✦ | 8.55K | +2.1% | $13.42M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 23 | T. Rowe Price ✦ | 8.55K | +2.1% | $13.42M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 24 | Millennium Management ✦ | 1.06K | -89.3% | $1.67M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 25 | Gotham Asset Management ✦ | 963 | -12.5% | $1.51M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 26 | Two Sigma Investments ✦ | 563 | New | $883,111 | 0.0% | New | 1 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Two Sigma Investments | $883,111 | 0.0% |
Exited
| Point72 Asset Management | $11.52M | was 0.0% |
| Arrowstreet Capital | $427,000 | was 0.0% |
| Bridgewater Associates | $250,530 | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 918 holders, 9.63M shares, $17.54B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.